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What is a Payday or Title Loan?

What is a Payday or Title Loan?

Private Debt

Executive Summary

  • Payday or title loans are high interest and highly deceptive loans that are a form of banking exploitation.

Introduction

A form of predatory lending, the objective is to obtain such usurious interest from borrowers that they are forced into debt peonage.

Introduction to The Real Story on Banking

This site is desgined to allow a user to filter on a wide variety of banking topics and find some of the best sources on how banking really works -- not the mainstream economist or private banking interest explanation of how it works. The objective of private banking interests is to keep the public in the dark on these topics by either lying, shrouding them in mystery, or distracting the public to other topics.

Step 1: Review and Filter the Banking Topics

In Part 1: you can filter the by important characteristics and see the Nobel Prize winners. 

Step 2: Check the References

The reference links are included in the individual entries and also in a table form at the Reference page which is accessible from the menu.

Step 3: Communicate and Share the Website

The private banking interests and the media they support do not want people to understand the topics explained in this website. There is a reason these entries will seem so different from what you may be used to reading, and it comes down to financial bias. The intent of the website is to make a large body of knowledge accessible to people, and you can help out by sharing the website with people you know. Anytime you filter the topics, it creates a specific URL, so you can also sent a specific filter of topics or even a single topic as a link to anyone you know.

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